40+ Interview Questions and Answers

The account opening process refers to the steps and procedures followed to open a new account for a customer.

• Collecting customer information and documentation

• Verifying the customer's identity

• Completing necessary forms and agreements

• Performing credit checks or background checks

• Setting up account details and preferences

• Providing the customer with account access and information

Use target encoding or frequency encoding to encode categorical columns without increasing feature count.

• Use target encoding: Encode categorical column with the mean of the target variable for each category.

• Use frequency encoding: Encode categorical column with the frequency of each category in the dataset.

• Both methods preserve the information of the categorical column without increasing feature count.

Decision Trees are single trees while Random Forest is a collection of trees. Random Forest grows multiple trees to improve accuracy and reduce overfitting.

• Decision Trees are individual trees that make decisions based on features of the data.

• Random Forest is an ensemble method that combines multiple Decision Trees to improve accuracy and reduce overfitting.

• Random Forest grows a lot of Decision Trees to increase diversity in predictions and reduce the risk of overfitting.

• Each ...read more

Yes, I have experience in filing and reporting submissions to regulators.

• I have worked on various compliance projects where I had to file and report submissions to regulators.

• I am familiar with the regulatory requirements and guidelines for filing and reporting.

• I have experience in preparing and submitting regulatory reports and filings on time.

• I have also worked on remediation projects where I had to file and report corrective actions to regulators.

• For example, I have filed ...read more

Answering common questions related to data science concepts and techniques.

• To handle model overfitting, one can use techniques like cross-validation, regularization, and early stopping. For model underfitting, consider using more complex models or adding more features.

• Standardizing data is important for algorithms like K-Nearest Neighbors and Support Vector Machines. It is not required for tree-based models like Decision Trees and Random Forests.

• Decision Trees work by recursi...read more

Answers to questions related to Linear Regression, K-Means, and SVM in data science.

• Assumptions of Linear Regression include linearity, independence, homoscedasticity, and normality of errors.

• Euclidean distance formula in K-Means is the square root of the sum of squared differences between two points.

• SVM works by finding the hyperplane that best separates the classes in the feature space.

• SVM on non-linearly separable data uses techniques like kernel trick to map data into hig...read more

Angel Broking attracts traders/investors through its user-friendly platform, research reports, and personalized services.

• Angel Broking offers a user-friendly platform with advanced charting tools and real-time market data.

• They provide research reports and analysis to help traders make informed decisions.

• Angel Broking offers personalized services such as dedicated relationship managers and advisory services.

• They also have a strong online presence and social media engagement to...read more

I have experience in handling SEBI/Exchange inspections and ensuring compliance with regulations.

• I have worked closely with SEBI and Exchange officials during inspections.

• I have ensured that all necessary documents and records are readily available for inspection.

• I have conducted internal audits to identify and address any potential compliance issues.

• I have implemented policies and procedures to ensure ongoing compliance with regulations.

• I have trained staff on compliance req...read more

Collection framework is a unified architecture for representing and manipulating collections of objects in Java.

• It provides interfaces (such as List, Set, Queue) and classes (such as ArrayList, HashSet, PriorityQueue) to store and manipulate collections of objects.

• It allows for easy insertion, deletion, and retrieval of elements from collections.

• It provides algorithms for searching, sorting, and manipulating collections.

• It promotes code reuse and modularity by providing a com...read more

The current project follows a microservices architecture.

• The project is divided into multiple small services that communicate with each other.

• Each service is responsible for a specific task or functionality.

• Communication between services is done through APIs or message queues.

• The architecture allows for scalability and flexibility.

• Examples of microservices used in the project include user management, payment processing, and inventory management.

A sub broker/freelancer is a person who works under a registered broker or company to provide services to clients.

• Sub brokers/freelancers work under a registered broker or company.

• They provide services to clients on behalf of the broker or company.

• They earn a commission or fee for their services.

• Examples include insurance agents, real estate agents, and financial advisors.

Laws applicable for a stock broker

• Securities and Exchange Board of India (SEBI) Act, 1992

• Securities Contracts (Regulation) Act, 1956

• Depositories Act, 1996

• Prevention of Money Laundering Act, 2002

• Foreign Exchange Management Act, 1999

• Income Tax Act, 1961

The stock market is a platform where buyers and sellers trade shares of publicly traded companies.

• Stock market is a marketplace where stocks or shares of publicly traded companies are bought and sold.

• Trading involves buying and selling stocks, bonds, or other financial instruments.

• Calling experience refers to previous experience in customer service or call center roles.

• Handling rude customers requires patience, empathy, and effective communication skills.

• Examples of handling ...read more

Encapsulation is the process of hiding internal implementation details and exposing only necessary information to the outside world.

• Encapsulation helps in achieving data abstraction and data hiding.

• It allows for better control over the data by preventing direct access to it.

• Encapsulation promotes code reusability and maintainability.

• In Node.js, encapsulation can be achieved using modules and closures.

Key points of customer service and satisfaction include communication, empathy, problem-solving, and consistency.

• Effective communication is essential for understanding customer needs and providing solutions.

• Showing empathy towards customers can help build trust and rapport.

• Problem-solving skills are crucial for addressing issues and resolving conflicts.

• Consistency in service delivery ensures that customers receive the same level of quality each time.

• Examples: Offering persona...read more

The industry refers to the production of goods or services within an economy.

• There are various industries such as manufacturing, healthcare, technology, and retail.

• Each industry has its own unique characteristics and challenges.

• Sales representatives need to have a good understanding of the industry they are working in to effectively sell their products or services.

• For example, a sales representative selling medical equipment needs to have knowledge of the healthcare industry ...read more

Yes, I have basic knowledge about share market.

• I understand the concept of buying and selling stocks

• I am aware of the factors that affect the stock market such as economic indicators, company performance, and global events

• I keep myself updated with the latest news and trends in the stock market

• I have some experience in investing in stocks and mutual funds

• For example, I know that the stock prices of companies in the technology sector tend to be more volatile than those in the ...read more

Shares market is a platform where stocks of publicly traded companies are bought and sold.

• Shares represent ownership in a company

• Shares can be bought and sold on stock exchanges

• Prices of shares fluctuate based on supply and demand

• Investors can make profits by buying low and selling high

• Examples of stock exchanges include NYSE, NASDAQ, and BSE

A demat account is an electronic account that holds shares and securities in a digital format.

• It eliminates the need for physical share certificates

• It allows for easy and secure trading of shares

• It is mandatory for trading in the Indian stock market

• It is maintained by depository participants (DPs)

• Examples of DPs in India include HDFC Bank, ICICI Bank, and Kotak Securities

Yes, technical analysis tools are used to analyze historical price and volume data to predict future price movements in financial markets.

• Technical analysis tools include moving averages, support and resistance levels, and chart patterns.

• These tools help identify trends, reversals, and potential entry/exit points for trades.

• Examples of technical analysis tools are MACD (Moving Average Convergence Divergence), RSI (Relative Strength Index), and Bollinger Bands.

A notification system design for software engineering.

• Identify the types of notifications needed

• Determine the target audience for each notification

• Choose the appropriate delivery method (email, push notification, etc.)

• Design a user-friendly interface for managing notifications

• Implement a system for tracking and analyzing notification engagement

• Ensure the system is scalable and can handle high volumes of notifications

Mobile trading application is a platform that allows users to trade stocks, currencies, and other financial instruments using their mobile devices.

• Users can access real-time market data and news to make informed trading decisions.

• The app may offer features such as customizable watchlists, price alerts, and charting tools.

• Some popular mobile trading apps include Robinhood, TD Ameritrade Mobile, and E*TRADE Mobile.

• Mobile trading apps can provide convenience and flexibility for ...read more

NISM 8 - Equity Derivatives certificate is not a compulsion for Customer experience Executive role.

• NISM 8 - Equity Derivatives certificate is not a mandatory requirement for a Customer experience Executive position.

• While having the certification may be beneficial, it is not a compulsory qualification for this role.

• Experience in customer service, communication skills, and problem-solving abilities are more important for this position.

• Employers may value relevant experience and...read more

Brokerage plans refer to the commission structure offered by the customer's brokerage firm.

• Ask the customer about their current brokerage firm and commission structure

• Understand the customer's needs and preferences for commission structure

• Provide information on your own company's commission structure and how it compares to the customer's current plan

• Discuss any potential discounts or promotions that may be available

• Ensure the customer understands the commission structure and ...read more

We provide three types of services: customer support, technical assistance, and product training.

• Customer support

• Technical assistance

• Product training

There are three main types of market platforms: physical marketplaces, online marketplaces, and hybrid marketplaces.

• Physical marketplaces involve face-to-face transactions in a physical location, such as a farmer's market or flea market.

• Online marketplaces are digital platforms where buyers and sellers can conduct transactions electronically, such as Amazon or eBay.

• Hybrid marketplaces combine elements of both physical and online marketplaces, like Etsy or Airbnb.

Building trust on cold calls involves being genuine, listening actively, and providing value.

• Be genuine and authentic in your approach

• Listen actively to the prospect's needs and concerns

• Provide value by offering solutions or helpful information

• Build rapport by finding common ground or shared experiences

• Follow up on promises or commitments made during the call

Earning in this market requires building strong relationships with customers and consistently delivering value.

• Focus on building strong relationships with customers

• Consistently deliver value through your products or services

• Stay up-to-date with market trends and adjust your strategies accordingly

• Identify and target niche markets to differentiate yourself from competitors

• Offer exceptional customer service to retain customers and attract new ones

The number of records returned by different types of joins can vary based on the relationship between the tables being joined.

• Inner join returns only the records that have matching values in both tables

• Left join returns all records from the left table and the matched records from the right table

• Right join returns all records from the right table and the matched records from the left table

• Full outer join returns all records when there is a match in either left or right table

Yes, I have knowledge about the share market.

• I am familiar with how the stock market operates and the various investment options available.

• I understand concepts like stock prices, market trends, and risk management.

• I have experience in analyzing financial reports and making informed investment decisions.

• I am aware of the impact of economic factors on the stock market.

• I have actively traded stocks or invested in mutual funds in the past.

Equity shares represent ownership in a company and give shareholders the right to vote and receive dividends.

• Equity shares are also known as common shares or ordinary shares.

• They represent a portion of ownership in a company and give shareholders the right to vote on important decisions.

• Shareholders may also receive dividends, which are a portion of the company's profits.

• The value of equity shares can fluctuate based on the performance of the company and market conditions.

• For...read more

Induction motors use electromagnetic induction to generate motion, while servo motors use feedback control to achieve precise positioning.

• Induction motors work on the principle of electromagnetic induction, where a rotating magnetic field induces current in the rotor to produce motion.

• Servo motors are controlled by a feedback system that continuously monitors the motor's position and adjusts the input signal to achieve accurate positioning.

• Induction motors are commonly used i...read more

I am not sure which company you are referring to. Can you please provide more context?

• Can you please specify the name of the company?

• Are you asking if the company is listed on the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE)?

• I can check if the company is listed on either exchange if you provide me with the name.

• If you are referring to a specific company, please let me know which one.

• Without more information, I cannot answer your question.

To solve problems, it's important to identify the root cause and come up with effective solutions.

• Identify the problem and its impact

• Gather relevant data and information

• Analyze the root cause

• Brainstorm potential solutions

• Evaluate and select the best solution

• Implement the solution and monitor its effectiveness

Arranging customers involves identifying potential leads, building relationships, and providing excellent customer service.

• Identify potential leads through market research and networking

• Build relationships through effective communication and follow-up

• Provide excellent customer service to retain customers and generate referrals

• Utilize customer relationship management (CRM) software to track interactions and sales

• Offer promotions or incentives to encourage repeat business

I convalesce customers by understanding their needs and providing personalized solutions.

• Listen actively to their concerns and feedback

• Offer customized solutions based on their specific needs

• Provide excellent customer service and follow-up

• Build long-term relationships through trust and reliability

All 2 year experience

• Can you please provide more context or clarify the question?

• Are you asking about someone's work experience or education?

• Without more information, it's difficult to provide a specific answer.

I have a proven track record of successfully managing change in various organizations.

• I am adaptable and flexible in my approach to change

• I communicate effectively with all stakeholders to ensure a smooth transition

• I am proactive in identifying potential issues and developing contingency plans

• I am comfortable with ambiguity and can navigate through uncertainty

• Example: Successfully led a team through a major restructuring process resulting in increased efficiency and cost savi...read more

Ability to forget and unlearn is crucial for personal growth and development.

• Forgetting and unlearning old habits and beliefs can help in adopting new and better ones.

• It requires conscious effort and practice to forget and unlearn things.

• Examples include forgetting past mistakes and moving on, unlearning harmful biases and prejudices, and letting go of negative emotions.

• Forgetting and unlearning can be difficult but it is necessary for personal growth and development.

Current CTC and preferred location are confidential information.

• Current CTC and preferred location are personal and confidential details.

• It is common practice not to disclose current CTC during interviews.

• Preferred location may vary based on individual circumstances and preferences.

To create an account in a computer, follow these steps:

• Open the computer and go to the login screen

• Click on 'Create Account' or 'Sign Up'

• Fill in the required information such as name, email, and password

• Click 'Submit' or 'Create'

• Verify the account through email or phone if necessary

To fetch all promises together means to gather and handle multiple promises simultaneously.

• Use Promise.all() method to fetch all promises together

• Pass an array of promises as an argument to Promise.all()

• Handle the resolved values of all promises in a single then() block

Designing an offline application involves creating a system that can function without an internet connection.

• Consider the data storage and synchronization methods to ensure data is accessible offline.

• Implement caching mechanisms to store frequently accessed data locally.

• Design a user-friendly interface that clearly indicates when the application is offline.

• Include offline capabilities for essential features to enhance user experience.

• Test the application thoroughly in offline...read more

Count the number of islands in a 2D grid.

• Iterate through the grid and for each '1', perform a depth-first search to mark all connected '1's as visited.

• Increment the count of islands for each new '1' encountered.

• Return the total count of islands.

The coin change problem involves finding the minimum number of coins needed to make a certain amount of change.

• Use dynamic programming to solve the problem efficiently

• Start with a base case where the amount of change is 0

• Iterate through each coin denomination and calculate the minimum number of coins needed for each amount of change

• Store the results in a table and use them to calculate the minimum number of coins for larger amounts of change